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Monday, April 22, 2019 1:48:56 AM
and delek bought a 70% interest in the concession immediately to ZN'S west-as well as a % of another onshore israel concession to the sw
most likely believing there's a fair chance the leviathon strata of 5000 to 7000 meters deep continues under onshore israel
remember that kyoil had said before we knew the well was not commercially productive that he had never seen a situation where a well was dry(not commercially productive in oil parlance circles)when even 2 of the 3 conditions encountered by that time were present-
so the question to me is where is the commercial field hiding,and by whom,if you get my drift
at least one other poster said he was told -if u get my drift-that it was a huge field-and when i asked(based on kyoils statements-is this really true or happening)i got the indication of a commercial field also- didnt specify where -didnt specify mj1- but had to assume it was the current concession-otherwise an indication that they had a commercial field would be meaningless since this is the only conession they have,though a very large one in israel terms at 99000 acres
however, due to their financial constraints -unless delek or somebody else partners to some extent -they are probably left w only one more try before their concession license expires- and what would that mean?- where would zn go from there bc now competition for licenses(due to new discoveries and a huge investment in the meged operation plus deleks onshore interest) is more severe
and also remember the videos of the june 5 stockholder meeting-a witness I have NEVER EVER seen in a business context andraley elsewhere if u know what i mean-would that witness and persistence of 19 years(over 30 yrs for jb)be rewarded or punished????-just food for thought
and those who personally met the officers june 5 2018 said they were the real deal
the timing, with an israeli friend in the white house and moderate arab countries tacitly allied w israel against iran,is also momentous and may not exist 10 years or even six years from now-even 2 years from now if the adversary gets his way
if he tarries that long israels need for oil will decline in 20 years(even 10 years or less) as electric vehicles etc supposedly take a large share of the market and as usa oil exports increase in coming years -assuming the usa remains friendly
so what does the BIG geo political etc picture say???? is the one who knows still in control-of course he is-so what is up his sleeve? isnt that the big question-is it to allow zn to be pummeled?
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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